1204 Thompson StCartervilleIL62918
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Carterville at 1204 Thompson St, Carterville, IL, 62918 uses $63,814 cash to close to unlock $5,124/yr annual cash flow and $427/mo monthly cash flow. Total monthly income runs $1,762/mo, and a $942/mo payment keeps the spread at $427/mo. Purchase price stands at $192,500, and rental yield measures 10.98% with $1,762/mo rent. Return on cash invested shows 27.94% in year one, and 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 146.87% and total cumulative return in cash records $93,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,762/mo property income covering a $942/mo payment rather than investor’s personal income.
Single Family
Built in 2006
5,810 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62918, Carterville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,639 (100%) |
| Owner Occupied HU | 3,419 (60.6%) |
| Renter Occupied HU | 1,625 (28.8%) |
| Vacant Housing Units | 595 (10.6%) |
| Median Home Value | $198,214 |
| Average Home Value | $228,587 |
Housing Distribution
Address Breakdown
Residential
4,711
Single Family
4,687
Multi-Family
24
Businesses
290
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie J Colombo • C21 House of Realty, INC.
Mls Name: RMLS Alliance
Mls ID: #EB459555